Global Managed Cloud Services Market to Surpass US$164 Billion by 2030, Driven by Hybrid Cloud, AI Automation, and Regulatory Demands

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TechMarket Experts, a unit of Industry Experts, Inc., has released its latest study, Managed Cloud Services (MCS) - A Global Market Overview, revealing that global revenues are projected to rise from US$73.9 billion in 2024 to US$164.5 billion by 2030, expanding at a CAGR of 14.3% during the period. Growth is being driven by escalating IT complexity, the global shortage of skilled cloud professionals, and rising adoption of AI/ML and edge computing. Organizations are increasingly outsourcing cloud management not only for cost efficiency but also to accelerate innovation, ensure regulatory compliance, and enable resilient hybrid and multi-cloud operations.

According to this new report, North America remains the largest regional market, accounting for 44.8% of global revenues in 2024 and projected to reach US$69 billion by 2030, supported by mature cloud infrastructure, high enterprise cloud penetration, and the presence of key hyperscalers such as AWS, Microsoft Azure, and Google Cloud. Asia-Pacific is the fastest-growing region, forecast to expand at a CAGR of 17.8% through 2030, driven by accelerated digital transformation in India, Southeast Asia, and China, and rapid SME adoption of cloud-native managed services.

Managed Cloud Services (MCS) Market

By deployment type, public cloud leads and is set to reach US$85.5 billion by 2030 at a CAGR of 13.2%, underpinned by reliance on hyperscaler ecosystems for IaaS, PaaS, and SaaS workloads. Hybrid cloud is the fastest-growing deployment model, rising at a 16.1% CAGR, fueled by demand for workload portability, data sovereignty, and security customization. In terms of industry sector, BFSI remains the largest, driven by regulatory compliance, risk analytics, and hybrid MCS adoption. Retail & E-commerce is the fastest-growing sector, fueled by omnichannel transformation, personalized engagement, and seasonal scalability demands.

The report segments the global MCS market by Deployment Type (Public Cloud, Private Cloud, Hybrid Cloud), Service Type (Managed IaaS Operations, Managed PaaS Platforms, Managed SaaS/Application Management, Security & Compliance, Automation Services, Others), Company Type (Large Enterprises, SMEs), and Industry Sector (BFSI, IT & Telecom, Manufacturing, Government, Healthcare, Retail & Ecommerce, Energy & Utilities, Transportation, Education, Others), and covers five major regions with in-depth analysis of 29 countries. Key vendors profiled include Cognizant, Tata Consultancy Services (TCS), Infosys, Wipro, HCLTech, DXC Technology, AWS Managed Services, Microsoft Azure Managed Applications, Google Cloud MSPs, Rackspace Technology, Accenture, Capgemini, IBM, and over 35 others across global and regional markets.

For sample pages or purchase options, contact +1-320-497-3787 or visit Managed Cloud Services (MCS) Market Report

About TechMarket Experts
TechMarket Experts, the technology-focused unit of Industry Experts, Inc., delivers in-depth, data-driven market intelligence across emerging and established technology domains. Its reports combine granular market segmentation, rigorous forecasts, and competitive profiling to help technology leaders, investors, and innovators identify growth opportunities and make informed decisions. For more information, call +1-320-497-3787 or visit https://techmarketexperts.com/.

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